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coinfodder's Blog

03 Mar 2021

BOOK REVIEW- Cash in Your Coins, 3rd Edition, by Beth Deisher

ANA Library | coinfodder

Vito Corleone (don’t blame me) is a collector of coins. He is preparing his will and plans to give his son, Michael, his coin collection when he dies. Well, the day comes after Corleone is placed 6 feet under and his son is given finally given his collection after a long bit of haggling with the probate court (which I tell you, is a complete mess). Problem is that Michael knows nothing about coins. The mafia don has no reason to keep them, but he wants to learn about them so he can get the best price on his coins…



At the local bookstore, he picks up a copy of Cash in Your Coins and the Littleton Coin Catalogue. Well, he wants to sell to them to Littleton due to brand recognition and the fact he sees them in the magazine advertising cheap deals on Quarters. Months later, he prepares to sell his coins when he stumbles upon his book, which has collected dust. He finds a wealth of information.


Heralded as “The Book that Belongs in Every Collector’s Safety Deposit Box”, this book is designed to give the beginning collector a quick start introduction to coin collecting so they can gain knowledge about coins and selling so they can get an advantage when it comes time to sell.


The first part is a definition of an accumulator, casual collector, and numismatist. An accumulator is a person who is not interested in coins. All they do is take coins, place them in bags or stacks, and do more stuff. They do not keep inventories. A casual collector and a numismatist may be self-explanatory. Now, this part leads up to the inventory, probably the most important part of any collection. According to Deisher, this can be worked around if not available with receipts. Next is a basic guide of storage options.


The next part is a basic vocabulary list, followed by an overview of US Coins that cover the face of time, from copper to silver to gold, well, you get the idea.


From now on, the collector will be referred to as he (according to the book, 90% of collectors are male). After that is another duo of important chapters, the medal/counterfeit guide, plus a section on determining value and creating an inventory. Many recommend reading this only after the previous sections.


Another section of this book reviews state death taxes (boo, hiss) and what you will be coughing to the IRS and the state tax revenue office once a spouse dies. The section is an entire chapter, but is also important, and tells a brief overview about the process and probate (boo, hiss). The next section is a brief overview on third-party graders, and auction houses. The final part is a very detailed list of vocabulary,


My overall take on this is positive. I have seen and heard interviews that cost the client hundred of dollars for just a bit of knowledge to advance one day in the probate process. This book can give you hours of consultation and hours of information for the grand total of $15 (if you’re a cheapskate like me, I paid $5 at Ollies Bargain Outlet on Sunday). This book also functions as a great starter guide for any person looking to begin coin collecting. So I say get this for your children. Get this for yourself. Have fun with this book.


Thanks for reading, and we will get our stupid Fiat Station Wagon back on our road trip soon!

Link to Numismaster's Numismastery-https://drive.google.com/drive/folders/1Wi6UyPyooa8EbwdPHY6nf2Z5JGKVfIaS

Link to Centsearcher's Loupe Newsletter. On his behalf, I am asking for subscribers. It is completely free. -www.numismastery.weebly.com

Guess the song lyrics- Last Week- Take on Me: a-ha


This time there is one song, two artists!


Zwei, drei, vier, one, two, three, it's easy to see
But it's not that I don't care, so
'Cause I hear it all the time, but they never let you know
On the TV and the radio (cha!)
She was young, her heart was pure, but every night is bright she got
She said, "sugar is sweet", she come a-rappin' to the beat
Then I knew that she was hot


She was singin'
Don't turn around, oh oh oh
(Ja, ja) Der Kommissar's in town, whoa oh oh
You're in his eye and you'll know why
The more you live, the faster you will die


Alles klar, Herr Kommissar?

Comments

Mal_ANA_YN

Level 4

Interesting way to present the blog.

CoinHunter

Level 5

Sounds like a nice book, I might have to get it some day.

I. R. Bama

Level 5

Falco..... great song! Great review too. Michael Corleone, I know him very well. He wouldn't waste his time to do it, he would send Tom Hagen his former consigliere and trusted brother to take care of it for him. Then he would rest easy knowing it was taken care of by capable hands LOL!

Teacher Brian

Level 3

This is a great review and helps folks know the book is really useful to family members of coin collectors -- thanks for taking the time to write it!

Stumpy

Level 5

Lets see...Italian spousal unit from Brooklyn, nah, no such animal! Very interesting blog, thanks!

Kepi

Level 6

Sounds like some interesting reading! Thanks for the review! ; )

Golfer

Level 5

Nice post. Thanks for the information. Might look into a copy for coin club library.

slybluenote

Level 5

Yes, this sounds like an addition to my library also! Thanks for sharing!

Longstrider

Level 6

I haven't read this particular book but I have read a similar one. Oh yeah, no such thing as La Cosa Nostra. You hear me? No such thing. Forget about it. Not racist. Calm own. I'm Italian.

TheNumisMaster

Level 5

Sounds awesome!!! Thanks for sharing!

Eriknation

Level 4

Well I'll see if I can get that book

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